Question

Give defination of consumption ?​

Answer 1

Answer:

Consumption, in economics, the use of goods and services by households. Consumption is distinct from consumption expenditure, which is the purchase of goods and services for use by households.

Answer 2

Answer:

Consumption, in economics, the use of goods and services by households. ... Consumption is distinct from consumption expenditure, which is the purchase of goods and services for use by households.